Designation of Systemically Significant Financial Institutions, Economists Panel

Economists testified on the discretionary authority of the Financial Stability Oversight Council (FSOC) designation of non-bank financial… read more

Economists testified on the discretionary authority of the Financial Stability Oversight Council (FSOC) designation of non-bank financial firms as “systemically significant financial institutions” (SIFI) or “too big to fail” under the 2010 financial regulations law. One expert said that if FSOC gave some companies SIFI status, it was effectively choosing winners and losers. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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  • Thomas Quaadman Executive Director U.S. Chamber of Commerce->Center for Capital Markets Competitiveness
  • Sean P. Duffy U.S. Representative [R] Wisconsin
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House Financial Services Subcommittee: Significance of Financial Institutions

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Designation of Systemically Significant Financial Institutions, Economists Panel

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Program ID:
306041-2
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
May 17, 2012
Last Aired:
May 23, 2012

Airing Details

  • May 17, 2012 | 2:29am EDT | C-SPAN 1
  • May 18, 2012 | 6:40am EDT | C-SPAN 2
  • May 19, 2012 | 5:05pm EDT | C-SPAN 1
  • May 23, 2012 | 7:06pm EDT | C-SPAN 3
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